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Analysis: Stablecoins Creating Demand for US Treasury Bonds is Just an Incidental Effect, Future Potential for Paying Tuition Fees in Hong Kong
Summary: In an interview with the 'China Economic Weekly', Zhu Taihui, a senior researcher at the National Financial and Development Laboratory, pointed out that calling this year the 'compliance year' for stablecoins is not appropriate. The focus of developing stablecoins in the United States is not to alleviate debt, but creating a new investment demand for ...
In an interview with the 'China Economic Weekly', Zhu Taihui, a senior researcher at the National Financial and Development Laboratory, pointed out that calling this year the 'compliance year' for stablecoins is not appropriate. The focus of developing stablecoins in the United States is not to alleviate debt, but creating a new investment demand for US Treasury bonds is just an incidental effect. Currently, in the US, Singapore, Europe, and other places, some stores and malls support on-site payment with stablecoins. In regions like Hong Kong, with the gradual opening of regulatory policies and the maturity of technology, it may become a reality for individuals to use stablecoins to pay tuition fees in the future. (People's Daily)
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Link: Analysis: Stablecoins Creating Demand for US Treasury Bonds is Just an Incidental Effect, Future Potential for Paying Tuition Fees in Hong Kong [Copy]
